10%+ cap rate cash cow & strategic location: Ideal Investment or Elite House Hack! This large 8-bed duplex features two spacious units (4 beds, 1 bath each) optimized for maximum yield. Enjoy cashflow with recent rents of $4,000-$4,200/mo. Completely separate meters mean tenants responsible for gas/electric, keeping your overhead low. Sitting directly across from former college campus, now Albany County Sheriff HQ and other government offices insures tranquility, low residential density, easy parking and tenant source. Perfect for medical professionals, it is flat 1.3 miles by foot to both Albany Med and St. Peter's Hospital. Bus stops are 5 minutes' by foot.
Listing courtesy of listing agent Jonathan Minerick with Homecoin.com Brokerage, 888-400-2513.
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